1,794 Sq. Ft.
Single-Family

$135,025EMV

Status: Active
Listing ID: 51411473

$135,025EMV

1,794 Sq. Ft.
Single-Family

Albion Ave,Paterson, NJ07502

This Single-Family
is located at Albion Ave, Paterson, NJ 07502. It has , 1,794 sqft of living space.
This property is currently bank owned with an estimated market value of $135,025.
Save money on this property now.

Foreclosure Timeline

Find out more about this property

This property is owned by a bank/lender and it could be under a redemption period. You may be able to purchase it for an incredibly low price, but you'll need come back to our website often to find out when the property goes on the market - you don't want to miss out on such a great deal!

09/05/14
Lis Pendens issued

The owner of this property was served a notice of lis pendens for missed mortgage payments.

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

FIRST STEPS:

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers.

A property will most likely be listed with a Realtor® who can assist you with submitting an offer.

Contact the listing broker's office as soon as possible to learn about how to visit the property, make offers, and close a transaction. For your convenience, this contact information is located to your left under the property's "Contact Information" header.

This is a big investment. Therefore, learn as much as you can about the property, lender, loan amount and expenses the lender wants to recover.

Once you've gathered this information, it's time to make an informed offer.

Always keep in mind that the seller's primary objective is to recover the amount of the loan balance that was not paid by the previous homeowner, as well as the costs of the foreclosure action and other expenses.

However, the longer lenders own properties, the more eager they become to sell them, often at reduced prices.